Why this new record-low mortgage rate is not the cheapest
A new mortgage from Chelsea Building Society offers the lowest ever rate on a five-year fix. But there is a sting in the tail for some borrowers.
Read More: The Telegraph – Mortgages
Mortgage rates rise as Bank Rate stays on hold
We examine at the latest mortgage deals on the markets and see if they come up to scratch.
Read More: The Telegraph – Mortgages
Mortgage rate alert: the best deals
Three of best mortgage deals from moneyfacts.co.uk
Read More: The Telegraph – Mortgages
Grab a low mortgage rate quickly
A bidding war in is full flow for Britain’s borrowers. Mortgage approvals are on the rise and the threat of a base rate rise is making home owners and first-time buyers grab the low rates while they can.
Read More: The Telegraph – Mortgages
Fees conceal best deals
Homebuyers should consider the total cost of a mortgage – rate plus fees – when comparing products after research showed that lenders have been increasing fees to offer lower headline rates
Read More: FT- Property
Don’t fix your mortgage rate too early
Home owners worried about imminent interest rate rises should not be panicked into switching to a fixed-rate mortgage.
Read More: The Telegraph – Mortgages
Mortgage defaults and repossessions fall
The rate at which UK homeowners fell behind on mortgage payments or lost their homes through foreclosure fell, raising hopes that a housing free fall will be avoided
Read More: FT – Economy News
Fix now before deals are dropped
Homeowners considering fixing their mortgage rate should act as soon as possible – because lenders are increasingly withdrawing their best fixed rates and replacing them with more expensive deals, brokers have warned
Read More: FT- Property
